Ghana’s Producer Price Inflation (PPI) experienced a decline to 24.4%, down from 27.6% in February 2025. This decrease, reflecting a 3.2 percentage point drop, also showcased a slight month-on-month change of 0.6%.
The latest data, released by the Ghana Statistical Service (GSS), indicates varying inflation rates across different sectors, showing the dynamic nature of the country’s economy.
The Mining and Quarrying sector, despite marking the highest inflation at 35.4%, demonstrated a significant decrease from 43.7% the previous month. This sharp drop signals possible stabilization efforts or shifts in demand within the sector.
In the Manufacturing sector, inflation rose to 22.8%, up from 20.8%, suggesting that manufacturers may be facing increased costs that impact pricing.
On the lower end of the spectrum, the Information and Communication sector maintained the most stable inflation rate at 4.1%, though it faced a slight decline from 4.2% in February.
Other sectors displayed moderate changes, such as Construction, which fell to 15.4% from 15.8%, and Accommodation and Food Services, easing to 7.2% from 7.8%.
The PPI serves as a vital economic indicator, helping track price changes over time as received by domestic producers for goods and services. Understanding these movements provides crucial insights into economic health across various sectors—including Mining and Quarrying, Manufacturing, and Accommodation—allowing businesses and policymakers to make informed decisions.
As Ghana’s Producer Price Inflation drops to 24.4% in March 2025, we hope to see more positives from Ghana’s economy.
